Our data shows traders are now at their most net-long Germany 40 since Oct 05 when Germany 40 traded near 15,103.30.
Number of traders net-short has decreased by 28.09% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| Germany 40 | BEARISH | 67.77% | 32.23% |
21.54% Daily 31.97% Weekly |
-0.65% Daily -28.09% Weekly |
13.38% Daily 3.98% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | 24% | 0% | 15% |
| Weekly | 34% | -38% | -2% |
Germany 40: Retail trader data shows 67.77% of traders are net-long with the ratio of traders long to short at 2.10 to 1. Our data shows traders are now at their most net-long Germany 40 since Oct 05 when Germany 40 traded near 15,103.30. The number of traders net-long is 21.54% higher than yesterday and 31.97% higher from last week, while the number of traders net-short is 0.65% lower than yesterday and 28.09% lower from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Germany 40 prices may continue to fall.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bearish contrarian trading bias.
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